Skip to main content

What is the best way to reduce public sector debt?

The easiest way to cut the government debt ratio would be to let economic growth do the work. Yet this could take decades. Cutting it faster would mean running smaller deficits at first, then surpluses, as in Mr Osborne’s fiscal rule. But future governments might not have the discipline to do this.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access